Answer: Swaps
Explanation:
A foreign exchange swap is a written agreement between two parties with different currencies to exchange such currencies at a specific period of time. In a swap deal, one party to the agreement gives out currency to the other party while also collecting collecting currency from such party. The written agreement usually contains such details like the interest on the amount of exchange, as well as the loan value of one currency against the other.
Answer:
B) Only statement II is correct.
- II. Has $20,000 of taxable income from Corporation Z.
Explanation:
One of the disadvantages of a C Corporation is that their owners (stockholders) are double taxed. That means that the corporation is taxed and then the stockholders are taxed depending on the dividends that they receive. In this case, Walter has $10,000 of taxable income from Corporation X (= $50,000 x 20%).
On the other hand, sole proprietorships, partnerships, limited liability companies and S Corporations are not taxed, they are pass through entities whose owners are taxed directly. In this case, Walter owns 20% of Corporation Z, therefore he must pay taxes on 20% of taxable income = $100,000 x 20% = $20,000.
Answer:
Psychographics is the study of consumers based on their activities, interests, and opinions (AIOs). ... In contrast, a psychographic profile contains information around a person's interests, hobbies, emotional triggers, and lifestyle choices, among other data.
Explanation:
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Answer:
$22,780
Explanation:
The computation of the total amount of indirect manufacturing cost incurred is shown below:
= Variable manufacturing overhead + fixed manufacturing overhead
where,
Variable manufacturing overhead = Number of units produced × variable manufacturing overhead per unit
= 4,600 units × $1.30
= $5,980
Fixed manufacturing overhead = Number of units produced and sold × fixed manufacturing overhead per unit
= 5,600 units × $3
= $16,800
So, the total indirect manufacturing cost is
= $5,980 + $16,800
= $22,780
